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Five minutes a day. The market is full of noise, but the data never lies. We use data and algorithms to strip out the emotion, dig into the fundamentals, and hand you the purest alpha left after the filtering. Educational research only, not investment advice.

  1. 20h ago

    2026-11-03 · Chips Carry a Narrow Election-Day Rally

    A handful of chip and mega-cap tech names lifted the S&P 500 while most stocks fell, and the signal table is thin ahead of the midterm results. The Signal The S&P 500 ended a three-day slide and the Nasdaq rose more, while the Dow slipped. Only about a third of stocks closed higher. Broadcom, Microsoft, Nvidia, Meta and Amazon did the lifting on a chip rebound and lower crude; Apple, Tesla and JPMorgan lagged. Technology and communication services led, while consumer staples and materials were the weakest sectors. No name reached the top tier. The Noise The headline reads like a relief rally. Underneath, it was a narrow one, carried by a few giants while defensives and consumer names sold off. Cash is still flowing into more stocks than it leaves, but lower highs outnumber higher highs, so the repair is unfinished. With midterm results overnight, the thin table argues for waiting. Multi-Signal Confluence AppLovin: ad-tech platform for app and game developers, reporting Wednesday after the close. Up about seven percent today but down sharply over the past year amid short-seller criticism. Lower low, deeply oversold, improving volume pattern; cash still leaving and projected fair value well below price. Take-Two Interactive: publisher of Grand Theft Auto, with GTA VI set for November 19 and earnings expected next Monday. Lower low, oversold, improving volume pattern, fair value somewhat below price. A single launch carries the year. Pfizer: the bearish counterpart. Raised full-year revenue and adjusted EPS guidance on today's third-quarter report, but the new high comes on fading volume and fair value sits at the price. Data as of the November 3, 2026 close. Educational research only, not investment advice. Stay sharp.

  2. 1d ago

    2026-11-02 · Oil relief meets AI hardware doubts

    Falling crude lifted about seven in ten stocks while a handful of technology giants pulled the S&P 500 and Nasdaq lower on the eve of the midterms. The Signal The S&P 500 and Nasdaq reversed early gains and closed lower while the Dow rose. Crude fell about 7% on US-Iran diplomacy hopes, sinking every energy stock and lifting consumer, industrial and financial names. Technology was the only other sector down on average. Cash flowed into far more stocks than it left, though lower highs still outnumber higher highs. The Noise The headline reads like a risk-off day, but about 70% of stocks rose. The damage came from AI hardware after Marvell's all-stock deal for Lumentum, plus Microsoft, Apple and Nvidia. The open question is whether the fade into the close carries past the election. Multi-Signal Confluence J.B. Hunt: the freight carrier and the only top-tier name. A higher low with an improving volume pattern, but the trend is down, cash is leaving and fair value sits below the price. Solid growth, a mixed Dedicated business and a full multiple. PACCAR: the truck maker is deeply oversold with an improving volume pattern and fair value about 13% above the price. Profit rose strongly, but supplier shortages hit deliveries and 2027 orders wait on emissions penalties. AbbVie: the bearish counterpart. A strong quarter and raised guidance, but a higher high lacked volume confirmation, the stock runs hot, and Skyrizi's growth has slowed each quarter. Week Ahead Tuesday: midterm elections, Booking after the close. Wednesday: ISM services, consensus 54.8. Thursday: Devon and Targa earnings. Friday: October payrolls, consensus +65K and 4.2% unemployment. Data as of the close on November 2, 2026. Educational research only, not investment advice. Stay sharp.

  3. 4d ago

    2026-10-30 · Intel breaks, tech sells, defensives rise

    Intel's collapse and Amazon's results revived AI spending fears and hit chips hard, while energy and staples led and nearly half the S&P 500 still rose. The Signal All three indexes fell, the Nasdaq most. Technology was the worst sector, led lower by Intel, with Nvidia and Broadcom doing the most index damage. Energy and consumer staples led, while materials and utilities also rose. Health care and industrials fell. More stocks show inflows than outflows, but lower highs far outnumber higher highs. The Noise The headline reads like a broad selloff. The data shows concentrated damage in the heaviest part of the index, with a little under half of S&P 500 stocks higher. The real question is how long AI spending takes to pay back. Multi-Signal Confluence ADM: grain processor with a raised full-year outlook and a leading sector behind it. Selling pressure is fading at a higher low, but results are expected Tuesday, date unconfirmed, and fair value sits below the price. Charles River Laboratories: the bearish counterpart. New highs lack full flow confirmation and the stock looks stretched, though flows remain strong. It reports Wednesday against a higher bar. Texas Pacific Land: West Texas land, royalties and water, with a data center link emerging. An early flow improvement sits inside a downtrend, and it reports Wednesday. Data as of the close on October 30, 2026. Educational research only, not investment advice. Stay sharp.

  4. 5d ago

    2026-10-29 · Alphabet sinks the index, not the market

    The indexes fell on Alphabet's revenue miss and AI-spending jitters, yet about four in five S&P 500 stocks rose as money rotated out of tech. The Signal The Nasdaq fell the most and the S&P 500 and Dow slipped, but roughly 81% of S&P 500 stocks closed higher. Alphabet, Amazon, ServiceNow and Fortinet did the damage. Technology was the only sector with fewer than half its stocks up; consumer discretionary, real estate, industrials, health care and financials led. Third-quarter GDP beat expectations and core PCE matched. Money flow leans to buying, but lower highs still outnumber higher highs. The Noise The headline says a down day. The data says a rotation: AI-spending worries hit software and chips while the rest of the market rallied on a sturdy economy. Next Tuesday's midterm elections are a volatility risk. Multi-Signal Confluence Booking: the online travel giant has slid this year on Middle East and AI-planning worries. Selling is fading under a lower low. Reports next Tuesday, so event risk is close. Wynn Resorts: softer Las Vegas demand and weak Macau hold have hit the stock. Price keeps sliding while the selling underneath fades, and fair value sits well above. Trend still down; reports next Thursday. Devon Energy: near its one-year high on strong crude, but flow did not confirm the new high, a sign of distribution. Little upside left to target; reports next Thursday. Data as of the October 29, 2026 close. Educational research only, not investment advice. Stay sharp.

  5. 6d ago

    2026-10-28 · Fed Holds, Chips Carry a Narrow Tape

    The Fed held and the indexes edged up, but fewer than half of stocks rose; chips and AI infrastructure did the lifting while rate-sensitive sectors fell. The Signal The Fed held rates and stocks closed modestly higher, but under half of S&P 500 members advanced. Chipmakers and AI infrastructure names such as Broadcom, Micron, Oracle and Vertiv led, while real estate, staples and utilities lagged and Nvidia, Apple and Meta fell. Money flow leaned positive, yet lower highs still outnumber higher highs. The Noise A green close reads like a healthy market, but the gain rested on a handful of large names. Tomorrow's growth and inflation data test the rate story, and the rate-sensitive groups that already struggled are the most exposed. Multi-Signal Confluence Alphabet: selling pressure was fading into the close, then after the bell revenue grew about a quarter and Cloud roughly doubled, but profit fell and EPS missed. The signal predates the news; let the price settle. Tapestry: Coach-led growth and a modest valuation, with sellers losing steam after target cuts. Earnings are expected in about six sessions, so the setup carries event risk. Zscaler: a sharp run on a raised price target, still loss-making and richly valued. Signals point to distribution and tired momentum. Data as of the October 28, 2026 close. Educational research only, not investment advice. Stay sharp.

  6. Oct 27

    2026-10-27 · Setups meet earnings week

    Tech carried a narrow up day, and both of tonight's constructive setups report within two sessions, so the earnings print decides, not the chart. The Signal A second up day, led almost entirely by tech while the Dow stood still and volatility eased. Money flow leaned positive about two to one, but far more stocks are making lower highs than higher highs. New bullish setups sit in consumer, tech and industrials; new bearish ones cluster in health care and software. The Noise No reliable same-day explanation for the move surfaced, so we name no cause. What matters is the calendar: a Fed decision Wednesday, growth and inflation data Thursday, and the heaviest stretch of earnings season. Any setup this week is mostly a bet on the news. Multi-Signal Confluence Howmet Aerospace: selling pressure fading into a higher low after a deep pullback, with strong analyst support and growth expected, but a rich valuation and a report Thursday morning. Wait for the print. Ford: a similar higher low with fading pressure, but mixed fundamentals, a softer quarter expected, and a report Wednesday after the close. ServiceNow: the counterweight, a rising price with money flow quietly turning against it, also reporting Wednesday after the close. Data as of the 2026-10-27 US close. Educational research only, not investment advice. Stay sharp.

  7. Oct 26

    2026-10-26 · Anthropic filing revives the AI trade

    An IPO filing and a giant chip-financing deal pulled AI stocks back up; every fresh positive setup in the scan sits in AI infrastructure, ahead of a week packed with the Fed and big tech earnings. The Signal All three averages closed higher, led by tech, with the blue chips lagging and volatility easing. About twice as many stocks saw money flowing in as flowing out, but far more names are still making lower highs than higher highs. Fresh bullish turns cluster in technology and industrials; fresh bearish turns pile up in health care. The Noise The market read the Anthropic IPO filing and a sixty-three billion dollar financing package for Broadcom-based AI compute as proof the AI boom is intact, and cheaper oil helped. The data says bounce, not breakout: structure is still in a pullback, and the real verdicts arrive this week from the Fed and mega-cap earnings. Multi-Signal Confluence Broadcom (AVGO): revisited from last Monday because the news changed. It is the chip supplier at the center of the new financing deal. Money flow turned up on a higher low after a monthly slide of about seven percent; revenue up close to fifty percent and earnings roughly doubled; next report about six weeks out. Vertiv (VRT): also a revisit. Power and cooling for AI data centers, down about a fifth in a month with the same flow turn on a higher low. It reports Wednesday morning alongside the Fed, so this is event risk; wait for the print. Data center infrastructure ETF (DTCR): new. A basket of data-center builders and owners showing the same pattern after an eight percent pullback, less single-name risk but exposed to this week's reports. Week Ahead Durable goods on Tuesday. The Fed decision and press conference on Wednesday afternoon, with a hold expected. Third-quarter GDP, consumer spending and core inflation on Thursday morning. Manufacturing data early next week and the October jobs report on Friday. Data as of the 2026-10-26 close. Educational research only, not investment advice. Stay sharp.

  8. Oct 23

    2026-10-23 · Oil spikes, leadership quietly rotates

    Oil at a five-month high pushed yields up and dragged banks and blue chips lower, while the scan's only fresh constructive setup sits in energy and the warnings cluster in health care. The Signal The S&P 500 slipped, the Dow fell hardest and the Nasdaq finished roughly flat. More stocks still show money flowing in than out, but price structure is cautious, with lower highs far outnumbering higher highs. Bearish turns cluster in health care; bullish turns are spread across industrials, technology, financials and energy. The Noise The tape reads like a fresh inflation scare: crude at a five-month high on Middle East tensions, yields up, financials leading losses a week before the Fed. The data says this is rotation, not capitulation. Money is doubting the crowded defensive trade in health care while early turns appear in cyclicals. Multi-Signal Confluence Baker Hughes (BKR): revisited from last week, and the setup has firmed. A higher low with the money behind it turning up, and shares rallied with oil. About 18x trailing earnings, estimates revised up, four straight beats. Reports Tuesday 10-27 after the close and the model's fair value sits below price, so wait for the print or keep size small. Eli Lilly (LLY): bearish counterpart. A recent higher high the money did not confirm, in a sector that just hit a record. Revenue grew about half over the past year, but the stock trades above 40x earnings with modest analyst upside. Reports 10-29 (tentative). Pfizer (PFE): the same pattern of price outrunning the money, with shrinking sales and a large dividend doing the lifting. Reports around 11-03 (tentative). Data as of the 2026-10-23 close. Educational research only, not investment advice. Stay sharp.

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About

Five minutes a day. The market is full of noise, but the data never lies. We use data and algorithms to strip out the emotion, dig into the fundamentals, and hand you the purest alpha left after the filtering. Educational research only, not investment advice.

Information

  • Creator
    Leeking Alpha
  • Years Active
    2026
  • Episodes
    71
  • Rating
    Clean
  • Show Website
    Leeking Alpha